2 investors, including 'Twilight' backer, convicted of fraud

NEW YORK (AP) — Two tech entrepreneurs, including a man who invested in the film studio that made the "Twilight" movies, were convicted of fraud on Tuesday in New York.A federal jury convicted Kaleil Isaza Tuzman, 45, and Omar Amanat,... Source: NZ Herald Business News

By | December 27th, 2017|Business|0 Comments

Kohl's and Sucampo climb while Apple and Qorvo stumble

NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:Sucampo Pharmaceuticals Inc. (SCMP)The constipation and irritable bowel syndrome drugmaker agreed to be bought by Mallinckrodt for $18 a share, or $839... Source: NZ Herald Business News

By | December 27th, 2017|Business|0 Comments

The Latest: Halt to church construction 'only viable option'

NEW YORK (AP) — The Latest on the halted construction at a church that was destroyed on Sept. 11, 2001 (all times local):7:10 p.m.A Swedish-based construction company says it tried to continue construction at a New York church... Source: NZ Herald Business News

By | December 27th, 2017|Business|0 Comments

Asian shares mixed in post-Christmas trading

BEIJING (AP) — Major Asian stock markets were mixed Tuesday in light trading after the Christmas holiday.The Shanghai Composite Index gained 0.3 percent to 3,290.38 and Tokyo's Nikkei 225 shed 0.2 percent to 22,887.56.Seoul's... Source: NZ Herald Business News

By | December 26th, 2017|Business|0 Comments

JetBlue plane slides off taxiway at Boston's Logan Airport

BOSTON (AP) — Airline officials say a JetBlue Airways plane slid off of the taxiway at Boston's Logan Airport.Officials say JetBlue Flight 50 from Savannah, Georgia, briefly skidded when it landed around 7:15 p.m. Monday. Firefighters... Source: NZ Herald Business News

By | December 26th, 2017|Business|0 Comments

America's trade wars heat up as US companies sue competitors

US companies are bringing new trade lawsuits against their foreign competitors with a scope and frequency not seen in more than 15 years, government documents show, as a wave of new complaints builds under President Donald Trump.A... Source: NZ Herald Business News

By | December 26th, 2017|Business|0 Comments

No bitcoin bounce back

Bitcoin, the biggest cryptocurrency, hasn't bounced back after last week's price tumble and is trading for around US$14,000 ($19,900).After testing the US$20,000 milestone on December 17, bitcoin spent last week in decline before... Source: NZ Herald Business News

By | December 26th, 2017|Business|0 Comments

Analysts lower iPhone X shipment projections for early next year

Apple looks like it's having a not-so Merry Christmas.Analysts have lowered iPhone X shipment projections for the first quarter of next year, citing signs of lackluster demand at the end of the holiday shopping season.Sinolink... Source: NZ Herald Business News

By | December 26th, 2017|Business|0 Comments

'She had $150,000 of stuff with tags on': Life as a personal shopper

In the recent thriller Personal Shopper, clairvoyant Kristen Stewart spends her days buying expensive clothing for her boss at the most exclusive stores in Paris, while communicating with a mysterious individual by text message.The... Source: NZ Herald Business News

By | December 25th, 2017|Business|0 Comments

Big labor sees growth potential in California pot workers

GOSHEN, Calif. (AP) — Unions have caught a whiff of a rare opportunity to organize a whole new set of workers as recreational marijuana becomes legal in California.The United Farm Workers, Teamsters and United Food and Commercial... Source: NZ Herald Business News

By | December 25th, 2017|Business|0 Comments